Fast-track debate in Nicaragua to consider Chinese project for an inter-ocean canal

Tuesday, June 11th 2013 - 05:18 UTC

Full article 14 comments

Nicaragua is moving closer to granting a Chinese company a 100-year concession to build and operate a canal linking the Atlantic to the Pacific.
Construction of the waterway would take 10 years and cost 40 billion dollars. Read full article

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Anglotino
Hope it happens.

After so many failed starts it would be a good investment opportunity for all of Central America.

However, considering the history of this idea, I have low expectations.
Jun 11th, 2013 - 07:20 am - Link - Report abuse 0
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Ayayay
A century without colonialism, right?
I mean, good luck
Jun 11th, 2013 - 08:07 am - Link - Report abuse 0
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Monkeymagic
My prediction:

It goes ahead...Nicaragua then renague on the deal...china uses force, and Nicaragua complain to the UN about Chinese colonialism. Argentina supports them.
Jun 11th, 2013 - 08:34 am - Link - Report abuse 0
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Captain Poppy
Competition for the Atlantic to Pacific ocean would definitely be a good thing.
Jun 11th, 2013 - 09:42 am - Link - Report abuse 0
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Conqueror
All well and good. But one caveat. On the basic premise that Chinese “companies”, to a greater or lesser extent, are “organs of the state”, what's in it for the Chinese government? Has China suddenly stopped planning “long-term”?
Jun 11th, 2013 - 10:48 am - Link - Report abuse 0
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bushpilot
They will colonize Nicaragua, like they are doing in Tibet.
Jun 11th, 2013 - 11:06 am - Link - Report abuse 0
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ChrisR
From an atheist to those who read the bible: beware the yellow peril!

LOLs
Jun 11th, 2013 - 11:23 am - Link - Report abuse 0
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willowas1
Communist China-Free Tibet
Jun 11th, 2013 - 11:48 am - Link - Report abuse 0
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jakesnake
Yeah, I seriously doubt that Nicaragua will see the benefits they are so desperate for.
Jun 11th, 2013 - 03:51 pm - Link - Report abuse 0
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Fido Dido
go for it Nicaragua. Don't be afraid for those chinos.
Jun 11th, 2013 - 05:54 pm - Link - Report abuse 0
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Troy Tempest
10 Dildo

“go for it Nicaragua. Don't be afraid for those chinos.”

Apart from the racist comment you couldn't resist, I agree - go for it Nicaragua, don't worry about the Chinese
Jun 12th, 2013 - 05:25 am - Link - Report abuse 0
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John III (Pope)
@11
After your disgusting confession I'm surprised to see you here.

This project will benefit two fraternal countries!
Jun 12th, 2013 - 06:11 am - Link - Report abuse 0
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yankeeboy
Nothing better than a 1/2 finished project and Billions of U$ wasted in a decade. I say full steam ahead!
Jun 12th, 2013 - 11:32 am - Link - Report abuse 0
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cornishair
Is there any point with a ice free North west passage?

(plus free Tibet & Palestine)
Jun 12th, 2013 - 01:32 pm - Link - Report abuse 0
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